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Finance News — Page 109

UK Funding Rules Target Reform UK's Crypto Backers

UK Funding Rules Target Reform UK's Crypto Backers

UK election funding rules unveiled Monday extend a foreign-donor crackdown, squeezing Reform UK's crypto billionaire backers Christopher Harborne and Ben Delo ahead of their planned UK relocations.

Decrypt · 1mo ago
Gold drops 30%, silver plunges 54% — but history shows 2026 correction isn’t the deepest yet

Gold drops 30%, silver plunges 54% — but history shows 2026 correction isn’t the deepest yet

A July 2026 DSP Netra report finds that gold's 30% correction from $5,602 and silver's 54% drop from $121.6 — both since their January 2026 peaks — remain milder than historical drawdowns like the 71%

Mint · 1mo ago
Ornn raises $33M to trade AI compute like oil

Ornn raises $33M to trade AI compute like oil

Andreessen Horowitz-backed startup Ornn raised $33 million to build a marketplace letting Wall Street trade AI computing power like a commodity, integrating with Bloomberg Terminal and feeding pricing

Axios · 1mo ago
Live markets: Bitcoin pops to $63,900, then reverses, as week begins

Live markets: Bitcoin pops to $63,900, then reverses, as week begins

Bitcoin touched $63,882 overnight before retreating to around $62,900, per CoinDesk data

CoinDesk · 1mo ago
Small finance banks top senior citizen FDs at 8.50%

Small finance banks top senior citizen FDs at 8.50%

Small finance banks are offering senior citizen fixed deposit rates as high as 8.50% in July 2026, outpacing private and public sector lenders, as the RBI holds policy rates steady.

Mint · 1mo ago
Sovereign Wealth Funds Tap Bitcoin ETFs Over Direct Crypto

Sovereign Wealth Funds Tap Bitcoin ETFs Over Direct Crypto

Sovereign wealth funds access digital asset exposure mainly through regulated intermediaries such as spot bitcoin ETFs and crypto-exposed public companies, while direct token ownership stays rare.

The Block · 1mo ago
Stablecoin Volume Hits Record $1.79T in June

Stablecoin Volume Hits Record $1.79T in June

Stablecoin transaction volume reached a record $1.79 trillion in June, according to Visa's adjusted methodology, with Coinbase's Base network narrowly leading Ethereum at $565 billion.

Cointelegraph · 1mo ago
Ether leads crypto's hold above key levels as bitcoin steadies over $63,000

Ether leads crypto's hold above key levels as bitcoin steadies over $63,000

Ether outpaced major cryptocurrencies with a 12% weekly gain as bitcoin held above $63,000 and the broader crypto market decoupled from a stalling AI-driven stock rally.

CoinDesk · 1mo ago
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Samsung Earnings: 18x Profit Surge on AI Memory Demand

Samsung's upcoming earnings report is the focal point for chip investors, with the company expected to post an 18-fold profit surge driven by AI-fueled memory chip demand, a result bulls hope will cal

Google News Business · 1mo ago
Central bankers warn AI outpaces finance rulemaking

Central bankers warn AI outpaces finance rulemaking

European central bankers and regulators warned that rapid advances in agentic AI could destabilize financial markets and outpace traditional rulemaking, urging new guardrails including potential circu

Cointelegraph · 1mo ago
Yen Near 40-Year Low as Tokyo Shifts Intervention Tactics

Yen Near 40-Year Low as Tokyo Shifts Intervention Tactics

The Japanese yen hovered near four-decade lows against the dollar on Monday as traders stayed wary of potential intervention, with Tokyo appearing to shift away from telegraphing its moves toward stea

Google News Business · 1mo ago
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Asian Stocks Slip as Oil Drops on OPEC+ Output Boost

Asian share markets eased Monday as OPEC+'s decision to lift output further pushed oil near four-month lows, while investors positioned for Samsung's expected blockbuster quarterly profit driven by AI

Google News Business · 1mo ago
SK Hynix Targets AI Investors in $29 Billion US Listing

SK Hynix Targets AI Investors in $29 Billion US Listing

SK Hynix is pursuing a $29 billion US listing aimed at AI-focused investors, with the company weighing a 0.5% fee payout on its Nasdaq ADR offering.

Google News Business · 1mo ago
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SK Hynix Launches $28B Nasdaq Listing on AI Boom

SK Hynix is set to raise about $28 billion through a Nasdaq ADR listing starting Friday, positioning itself as the second-largest share sale globally behind only SpaceX's recent IPO.

Google News Business · 1mo ago
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Samsung Q2 Profit Set to Jump 18-Fold on AI Memory Boom

Samsung Electronics is projected to post an estimated 86 trillion won ($56.35 billion) Q2 operating profit — an 18-fold jump from a year earlier — driven by a memory chip shortage fueled by AI demand,

Google News Business · 1mo ago
Chip stocks slump on Anthropic-Samsung rumor; Cramer picks Intel

Chip stocks slump on Anthropic-Samsung rumor; Cramer picks Intel

A pre-July 4th report that Anthropic is in talks with Samsung for a custom AI chip triggered a broad chip-stock selloff Thursday, and Jim Cramer argues the reaction was overblown and is backing Intel.

CNBC · 1mo ago
Thai Tourism Stocks Recover on US-Iran De-Escalation

Thai Tourism Stocks Recover on US-Iran De-Escalation

Thailand's tourism, hospitality, aviation, and hospital stocks are positioned for recovery as US-Iran de-escalation pushes oil prices down, Q3 airline seat capacity expands, and hotel RevPAR turns pos

Bangkok Post · 1mo ago
988K Lost $3.8B on Trump Memecoin; He Made $636M

988K Lost $3.8B on Trump Memecoin; He Made $636M

Nearly 1 million wallets have lost a combined $3.8 billion on President Trump's $TRUMP memecoin, per blockchain analytics firm Nansen, while Trump personally disclosed earning $636 million from the sa

Google News Business · 1mo ago
SK Hynix seeks access to AI investors in $29 billion U.S. listing - Fortune

SK Hynix seeks access to AI investors in $29 billion U.S. listing - Fortune

South Korea's SK Hynix is planning a roughly $28-29 billion U.S. stock listing aimed at AI-focused investors, following a nearly 800% surge in its share price tied to AI memory chip demand.

Google News Business · 1mo ago
July 4th Sales Hit 70% Off: Editor-Curated Deals

July 4th Sales Hit 70% Off: Editor-Curated Deals

NBC Select's editors round up the best 4th of July sales, featuring discounts up to 70% off at major retailers like Amazon, Home Depot, and Dick's Sporting Goods, with curated picks spanning bedding,

Google News Technology · 1mo ago

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